MGM Advantage is to offer retirees a selection of guarantee options on their annuity contracts.
One careful owner: Can Webb's annuity sale plan work?
Annuity sales: When will retirees get a better deal?
A Labour peer has attacked the annuity market, claiming it "plays fast and loose" with the regulatory framework.
Steve Webb's plan to extend pension freedoms to all retirees, creating a market for annuity resales, is well-meaning but unlikely to work in practice, Fidelity retirement director Alan Higham has said.
The Financial Conduct Authority (FCA) is asking annuity providers to look into their non-advised sales going back to 2008 to see if consumers missed out on higher income by buying the wrong type of annuity.
In this week's RP quick-fire poll we ask: Are annuity death tax changes a job half done?
In this week's quick-fire Retirement Planner poll we ask: Should pensions wake-up packs be replaced with a 'pensions passport'?
Should retirees defer their state pension? For some, it might significantly boost their retirement income levels. Fiona Murphy finds out what pension experts think
Fiona Murphy says although annuity sales have slumped, new research shows they can still represent fair value for money.